Emerald Advisers LLC Sells 16,910 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Emerald Advisers LLC decreased its position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 75.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,425 shares of the company's stock after selling 16,910 shares during the period. Emerald Advisers LLC's holdings in WillScot Mobile Mini were worth $204,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the company. V Square Quantitative Management LLC bought a new stake in WillScot Mobile Mini in the third quarter worth about $25,000. Hexagon Capital Partners LLC grew its holdings in WillScot Mobile Mini by 200.0% during the third quarter. Hexagon Capital Partners LLC now owns 900 shares of the company's stock valued at $34,000 after purchasing an additional 600 shares during the period. Financial Management Professionals Inc. purchased a new stake in WillScot Mobile Mini in the third quarter worth $36,000. Fidelis Capital Partners LLC purchased a new position in shares of WillScot Mobile Mini during the 1st quarter valued at $55,000. Finally, Summit Securities Group LLC bought a new position in shares of WillScot Mobile Mini during the 2nd quarter worth $56,000. Institutional investors own 95.81% of the company's stock.

Insider Buying and Selling at WillScot Mobile Mini

In related news, CEO Bradley Lee Soultz purchased 5,000 shares of the firm's stock in a transaction on Wednesday, September 18th. The shares were acquired at an average cost of $38.97 per share, with a total value of $194,850.00. Following the purchase, the chief executive officer now directly owns 149,686 shares of the company's stock, valued at approximately $5,833,263.42. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 3.30% of the company's stock.

Analysts Set New Price Targets

WSC has been the topic of several recent research reports. Baird R W downgraded shares of WillScot Mobile Mini from a "strong-buy" rating to a "hold" rating in a report on Thursday, October 24th. Bank of America reduced their price objective on shares of WillScot Mobile Mini from $56.00 to $54.00 and set a "buy" rating for the company in a research note on Friday, August 2nd. Stifel Nicolaus dropped their target price on WillScot Mobile Mini from $48.00 to $46.00 and set a "buy" rating on the stock in a research report on Friday, August 2nd. Deutsche Bank Aktiengesellschaft cut WillScot Mobile Mini from a "buy" rating to a "hold" rating and reduced their price target for the company from $46.00 to $35.00 in a research report on Thursday. Finally, DA Davidson dropped their price objective on WillScot Mobile Mini from $54.00 to $47.00 and set a "buy" rating on the stock in a report on Monday, August 5th. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $45.00.

WillScot Mobile Mini Price Performance

WSC stock traded up $0.32 during midday trading on Monday, reaching $36.86. The company had a trading volume of 4,133,334 shares, compared to its average volume of 2,192,899. The firm has a 50-day moving average price of $37.97 and a 200-day moving average price of $38.25. WillScot Mobile Mini Holdings Corp. has a 1 year low of $32.71 and a 1 year high of $52.16. The company has a debt-to-equity ratio of 3.42, a current ratio of 0.90 and a quick ratio of 0.83. The company has a market capitalization of $6.95 billion, a P/E ratio of 338.21, a P/E/G ratio of 1.08 and a beta of 1.37.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last issued its earnings results on Wednesday, October 30th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.10). WillScot Mobile Mini had a return on equity of 23.97% and a net margin of 1.05%. The firm had revenue of $601.43 million during the quarter, compared to analysts' expectations of $617.83 million. During the same period in the prior year, the company earned $0.46 EPS. The firm's quarterly revenue was down .6% compared to the same quarter last year. On average, research analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 1.73 earnings per share for the current fiscal year.

About WillScot Mobile Mini

WillScot Holdings Corporation provides workspace and portable storage solutions in the United States, Canada, and Mexico. It operates in two segments, Modular Solutions and Storage Solutions. Its modular solutions include panelized and stackable offices, single-wide modular space units, section modulars and redi-plex, classrooms, ground level offices, blast-resistant modules, clearspan structures, and other modular space; and portable storage solutions, such as portable and cold storage containers, as well as trailers.